CorMedix Inc <CRMD.OQ> expected to post earnings of 13 cents a share - Earnings Preview
CorMedix Inc CRMD.OQ CRMD.O is expected to show a rise in quarterly revenue when it reports results on March 10 (estimated) for the period ending December 31 2024
The Berkeley Heights New Jersey-based company is expected to report revenue of $25.414 million, according to the mean estimate from 4 analysts, based on LSEG data.The company's guidance on January 7 2025, for the period ended December 31, was for revenue of $31.000 million.
LSEG's mean analyst estimate for CorMedix Inc is for earnings of 13 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for CorMedix Inc is $17.00, above its last closing price of $9.49.
The company's guidance on January 7 2025 for the period ended December 31 was for Earnings before Interest, Taxes, Depreciation and Amortization of of USD12 million.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | -0.10 | -0.10 | -0.05 | Beat | 51.3 |
Jun. 30 2024 | -0.24 | -0.25 | -0.25 | Met | 0 |
Mar. 31 2024 | -0.27 | -0.28 | -0.25 | Beat | 9.9 |
Dec. 31 2023 | -0.20 | -0.20 | -0.26 | Missed | -28.9 |
Sep. 30 2023 | -0.20 | -0.21 | -0.17 | Beat | 18.2 |
Jun. 30 2023 | -0.23 | -0.24 | -0.25 | Missed | -3.6 |
Mar. 31 2023 | -0.20 | -0.20 | -0.24 | Missed | -20 |
Dec. 31 2022 | -0.19 | -0.20 | Missed | -7 |
This summary was machine generated March 7 at 13:15 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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